Glad to see MW was so busy changing the report wording to Gulf of America to appease his government overlords instead of actually focusing on the cr-ppy earnings themselves. Who cares about refining taking the first loss in four years when you can... — read more
Wall street love you MW
Wall street not impressed with latest earnings report. Maybe the BoD need to make some changes.
Are MCPs targeted with the ENGINE transition,
If so, which ones? timing, strategy?
What it’s gunna take for IT to work in ENGINE
I’ve been here for 10+ years, and the problem Chevron has is too many leaders who don’t know enough to hold employees accountable. It’s night and day from my last gig where leaders knew more than almost anyone on their team and could step in and do... — read more
No reserves were replaced in 2024
Today's earnings show has a horrifying Reserves story on slide 22. A healthy growing oil company adds more to reserves than they deplete through production. Adding the same amount we produced would be a 100% reserve replacement ratio, which is... — read more
Gulf of America
What a joke. Q4 earnings presentation has gulf of America all over it. Sad that our leaders caved to ridiculousness and stupidity. Let’s be real: the name is so DJT can get a hard on.
lol missed eps
Big dip in downstream prod and margins. Made some $$, but missed eps… “Chevron also said it expects to maintain its share buyback program of $10 billion to $20 billion per year” Glad we’re focused on the right stuff…
Ready to EOI… coming soon…
very soon get something lined up unless you plan to stick around as all the leaders feed each other to the wolves to line their pockets and fulfill their vanity they don’t care about anyone everyone is on the chopping block even Mike if Hess fails... — read more
Sad
What a sad statement of how far chevron has fallen. Corporate greed and zero employee loyality. Making record profits and so much money and all they think about is how can we cut more jobs and make more profit. Glad I retired when the company... — read more
Measuring Contest
We are a profitable company like plenty have said. Is all of this just a CEO 🐓 measuring contest?
Left standing
Think we are all applying for the available jobs or will they repopulate org chart?
HOU office ghost town
My observations about returning to the Houston office for the first time since 8 years ago: Holy moly! People are really milking this flex work schedule. Not only are you only required to go into the office three days a week, but I went downstairs... — read more
Engine
What’s the latest in Engine? Anyone working with the talent there yet ?
Which firm
Which fabulous consulting firm is advising us this time?
Human Energy
MW definitely needs to share some energy as he's sapped the energy of every employee with his cuts and changes. No one has any left so productivity is done. MW makes us all feel like a piece of ...
Fruit in ABU
So it's official, they've cut the Perth office down from free Fruit twice a week to only once a week. That's it I'm quitting and going to Woodside. They may never have had free Fruit to begin with, but at least they never had it taken away.
HMP is just plain d-mb
This modernization project has to be about the d-mbest thing they have come up with yet. I cannot imagine what “genius” decided to follow the likes of Exxon and Shell on this one, but why not? We copy them on everything because our leadership is... — read more
Carly Simon
I think we know who the song is about.....MW
Chevron, BP, Shell
Pretty sure we are all using the same firm and formula. They are both ahead of our schedule. Might want to look into BP and Shell sites as foreshadowing.
Any new rumors?
Waiting until SETH is not a pleasant experience.
Pay Determination
does anyone have information on the date when pay determination results will be released to employees?
CIP announcement date ?
Would it be 5th Feb .. and what that number may entail about what's coming next ?
Still no news on layoffs?
Wasn’t this supposed to be the week we’d finally get some clear answers?
The end of Agile?
Will this finally be the time that all the job titles with agile in them go away?
From MW
Today, Chevron announced a joint development with Engine No. 1 and GE Vernova to help meet the demand for scalable, reliable power solutions to enable advancements in Artificial Intelligence. The partnership will work directly with customers to... — read more
Is anybody still happy at Chevron?
Honest question.
Reorg/layoffs - latest rumblings
Yes team leads/managers created lists in latter part of 2024 of what positions can be moved. Doesn’t necessarily mean they’ll be moving, but is added to the overall option. It was a difficult list to create. New high-level org charts and new job... — read more
Are new hires (<1 year) safe from layoffs?
I’ve heard time and again that new hires, less than 1 or 1.5 years experience out of university, have been safe from previous layoffs. Will this go-around be different or is there still some safety in being new?
What does GVCS do?
Other than track what the BUs are doing what does GVCS do? The reorg had better absorb or shrink this team. So many people on that team, but what do they deliver??
CHEVRON HAS $$$. THEN WHY LAYOFFS?
Can this be legally challenged?
This is far from over
Who wants to bet there will be more delays, and we’ll have to wait months longer before this whole thing is resolved? I don’t know many people who have quit, which makes me think their plan to stress people into leaving isn’t working as well as they... — read more
New information
Let's get back to the important information. Who's got new information regarding layoffs? Sounds like FFS got recent news of 60% cut within US. Anyone else heard rumblings? SASBU? LABU? RBU? MCBU? GOMBU? I believe our team leads and managers know... — read more
Our Future?
https://www.instagram.com/reel/DFI5i5lRfNX/?igsh=NjZiM2M3MzIxNA==
Recent new hire does not perform the work hired to do. What would CVX HR do?
This new hire was hired on the basis of being able to work in a certain application based on resume and interview. Some weeks into the new job the new hire confessed to not having any experience in the application before coming into the company. The... — read more
Trump Pauses IRA Money
Trump has issued an Executive Order pausing any additional money to be distributed. What will CCUS, CNE and Hydrogen do now? All the rats will start abandoning the ship now!
Executive retirement celebration
What did you think for those who went? BB’s poem - did he think it was funny? It was actually kind of lame, especially the part about how he became upstream CIO and knew nothing about upstream. CP’s very public challenging of resetting... — read more
Are there any rumors around our long-term contractors?
Has anyone heard any rumors regarding green badges in US being affected by offshoring, ENGINE, or other cost-cutting measures? I've worked with some fine people that have been around 10+ years as contractors in same roles. I know this is a layoff... — read more